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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Office buildings
279 Cambridge St, Burlington, MA 01803-2530
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0040898
Property summary
AI-generated overview
This exceptional 1,117 square foot commercial condo in Burlington, MA, presents a unique investment opportunity. Located at 279 Cambridge Street, this property boasts a versatile layout suitable for a variety of uses, including retail, office, or mixed-use businesses. Its prime location ensures high visibility and convenient access to major roadways, providing optimal accessibility for both clients and employees. Ample parking is available. The property has recently undergone significant updates, including a new heating and air conditioning system, a new hot water heater, and exterior improvements to the front of the building. These upgrades enhance the property's functionality and modern appeal, making it an attractive option for businesses seeking a move-in ready space. Currently operating as a hair salon (separately listed under MLS #73313976), this property offers the chance to own your business location in a thriving market. The asking price is $360,000. This is an exclusive opportunity to acquire a well-maintained, updated commercial space in a highly desirable location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Construction
FRAME
Total area
5,250 SF
Lot
0.26 ac (11,500 SF)
Zoning code
BG
APN
BURL M:000016 P:000240
UPID
US38-0040898
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Fred DaMore Guaranteed Rate Loan Service Bank
-
Izumi Healing Massage Therapy Alternative Medicine Practice Spa & Massage Center
-
DaMore Family Law Law Firm
-
New England First Option Mortgage Corporation Loan Service Bank
-
Joanna Schlansky, Showcase of Homes, REALTORS Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$849k
Blend (final)
Blend
$655k
Owner & transaction history
Ward RT · 1 yrs held
Ward RT
since 2025
Last sale
$690,000
7 recorded transactions
Zoning & alternative use
BG · Burlington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$640,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$965,000
Current use
INDUSTRIAL (GENERAL)
$805,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $690k (May 9 2023)
Last sale anchor
$690k
May 9 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$125 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$18,844
Tax year 2024
Assessed value
$730,100
Assessed 2024
Previous assessed
$730,100
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$256,100
Assessed improvement
$474,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1965
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Bathrooms
5
Total area
5,250 SF
Lot
0.26 ac (11,500 SF)
Zoning code
BG
APN
BURL M:000016 P:000240
UPID
US38-0040898
Jurisdiction
BURLINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BG · Burlington, MA
Zoning BG · permitted uses
BG · Burlington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$965,000
INDUSTRIAL (GENERAL)
Est. value
$805,000
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
5
Lot
0.26 ac
Current owner
From public records · entity-resolved
Ward RT
Individual
Mailing address
279 CAMBRIDGE ST, BURLINGTON, MA 01803-2530
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
29 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
—
Gedick Bro Rlty Hldg LLC
—
Deed
related
$130,000 · Northern Bank & Trust Co
May 16, 2025
$300,000
Ward RT
Nrd RT
Corporation Deed
$300,000 · Eastern Bank
May 16, 2025
—
Ward RT
—
Deed
related
$300,000 · Eastern Bank
May 9, 2025
—
Highline Realty LLC
—
Deed
related
$1,000,000 · Stoneham Cooperative Bank
Jan 8, 2024
$250,000
S Kumar Re LLC
Whoville RT
Deed
$750,000 · The Huntington National Bank
May 9, 2023
—
Shana RT
Burlington Town Of
Redemption Deed
related
—
Apr 25, 2023
—
Shana RT
—
Deed
related
$96,500 · Enterprise Bank & Trust Co
Sep 19, 2022
—
279 Cambridge Street LLC
Suhe Holdings LLC
Quitclaim Deed
related
—
Jun 9, 2022
$185,000
Gedick Bro Rlty Hldg LLC
Daniel Ditucci
Corporation Deed
$157,250 · Daniel Ditucci
May 6, 2022
$250,000
Jpdmd LLC
James W Quinn Ft
Corporation Deed
—
May 13, 2021
—
James W Quinn Ft
James W Quinn
Corporation Deed
—
Apr 8, 2021
$200,000
Suhe Holdings LLC
279 Cambridge Street RT
Deed
—
Jul 24, 2019
—
Morse,guy W Trust
Morse,guy W
Quitclaim Deed
related
—
Apr 1, 2019
$250,000
Jwkl Trust
Wk
Quitclaim Deed
$200,000 · Zions Bancorporation NA
Jul 3, 2017
—
Shana Trust
Goel,ajay
Quitclaim Deed
related
—
Dec 30, 2009
$1
Highline Realty LLC
Highline RT
Grant Deed
—
Sep 10, 2003
$690,000
Highline RT
M&a RT
Grant Deed
$552,000 · Northern Bank & Trust
Aug 21, 2003
—
Suzanne M Welch
—
Deed Of Trust
related
$90,000 · Salem Five Cents Savings Bank
Mar 13, 2003
—
Eleni Drakos
—
Deed Of Trust
related
$50,000 · Zwi Kohorn
Apr 12, 2001
—
M RT
—
Deed Of Trust
related
$475,000 · Danvers Savings Bank
Nov 2, 1993
$365,000
M RT
Somrock Corp
Grant Deed
$328,500 · Somerset Savings Bank
Aug 31, 1993
$340,000
Somrock Corp
Pasciuto,frank A
Grant Deed
—
Dec 13, 1991
$90,000
Somrock Corp
Raj II INC
Grant Deed
—
Oct 31, 1991
$240,000
Somrock Corp
Raymond RT
Grant Deed
—
Jul 24, 1989
—
Steven C Coombs
—
Deed Of Trust
related
$150,000 · Lowell Inst Svgs Bk
Sep 9, 1987
—
Frank A Pasciuto
—
Deed Of Trust
related
$500,000 · Somerset Savings Bank
Aug 3, 1987
—
Steven C Loomis
—
Deed Of Trust
related
$100,000 · Shawmut First Chelms
Jun 12, 1987
—
Phillip A Gallagher
—
Deed Of Trust
related
$240,000 · Salem Five Cents Savings Bank
May 14, 1987
—
Dennis S Leone
—
Deed Of Trust
related
$140,000 · Somerset Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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